BOJ Hawkish Signal Sparks $635M US Spot Bitcoin ETF Outflow on Wednesday
U.S.-listed spot Bitcoin ETFs recorded a $635 million net outflow on Wednesday, coinciding with a broader risk-off move after hawkish messaging from the Bank of Japan. Bitcoin slid more than 2% over 24 hours to $79,400, while the pullback was accompanied by over $500 million in crypto liquidations and pushed five-day ETF net outflows to $1.26 billion.